According to Prodware's latest financial reports and stock price the company's current Operating Margin is 11.66%. At the end of 2023 the company had an Operating Margin of 11.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.67% | -22.71% |
2022 | 15.10% | -145.09% |
2021 | -33.48% | -536.37% |
2020 | 7.67% | -8.64% |
2019 | 8.40% | 9.6% |
2018 | 7.66% | -10.59% |
2017 | 8.57% | 19.31% |
2016 | 7.18% | 44.9% |
2015 | 4.96% | 5.82% |
2014 | 4.68% | -30.24% |
2013 | 6.71% | 37.76% |
2012 | 4.87% | -62.74% |
2011 | 13.08% | 0.59% |
2010 | 13.00% | 231.04% |
2009 | 3.93% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.